The Western Suburbs of Mumbai have taken the lead in the post-Covid redevelopment wave, accounting for a significant portion of society deals and unlocking vast built-up areas.
MumbaiRedevelopmentWestern SuburbsReal EstateUrban DevelopmentReal EstateSep 10, 2025
The Western Suburbs of Mumbai are leading in redevelopment due to factors such as wider roads, favorable FSI norms, and relatively structured societies, which facilitate quicker deals and redevelopment projects.
Redevelopment in Mumbai can lead to moving existing tenants to safer, larger, and better-equipped units, unlocking under-utilized land in high-value zones, and aligning population density with infrastructure improvements.
Developers are moving towards asset-light models, setting up dedicated platforms for aggregating, clearing legal hurdles, and facilitating fast approvals for redevelopment projects.
The latest Development Control and Promotion Regulations (DCPR) 2034, the Maharashtra Housing and Area Development Authority’s cessed building framework, and incentives for additional FSI and TDR are expected to increase redevelopment projects in Mumbai.
Societies are participating in redevelopment by seeking reputable brands and Project Management Consultants (PMCs), or opting to handle the process independently, thanks to favorable policies and financial incentives.
Brokerage firm Jefferies has initiated coverage on GMR Airports Ltd. with a 'buy' recommendation and a price target of ₹100
With a new government in power, the real estate sector is hopeful for positive reforms that will drive growth and development.
Producers Fenton Bailey and Randy Barbato reveal how they discovered the star power of real estate brokers, paving the way for hit TV shows like Million Dollar Listing and Selling Sunset.
Meet Brenton and Mirlanda Beaufils, a millennial DINK couple living their best life in Dallas. With their real estate and property management careers, they're raking in a low six figures and making the most of their disposable income.
Real Estate Investment Trusts (REITs) are companies that own, operate, or finance income-generating real estate, providing a unique opportunity for investors to earn dividends without directly managing properties.
Macrotech Developers (Lodha Group) has reported its highest-ever quarterly pre-sales of Rs 4,290 crore during the third quarter of the financial year 2025 (FY25).